MARUTHI SCHOOL OF BANKING BANKING AWARENESS TEST - I

1. Which is a ‘real time funds transfer mechanism’ developed by National Transfer Payment Corporation of ? ______

2. According to Reserve of India guidelines, the promoter’s minimum initial contribution to the paid - up equity of eligible payment shall at least be ______

3. The maximum age limit of the girl child to be eligible for opening an account unde r the ‘Sukanya Samridhi Yojana (SSY)’ is ______

4. Which is one of the provided by Indian Post? ______

5. Which scheme has recently been recognized by the ‘Guinness Book of World Records’ as the largest cash transfer programme? ______

6. The thief of credit card/ATM card information used in an otherwise legitimate transaction is known as __

7. Which category of banks is not permitted to issue Credit cards to their customers? ______

8. Which term is used for the set of ben chmarks towards achieving standardization of cheques issued by banks across the country? ______

9. ‘’ and Mitr’ are names of ______

10. ‘SCORES’ is the complaint redressal system of ______

11. MUDRA loans encompasses three categories —‘Shishu’, Kishor’ and Tarun’. These signify the stage of growth and development and ______

12. SIDBI’s India Aspiration Fund (IAF) which has been created as a fund -of-funds to support venture capital funds has a corpus of ______

13. The implementation of the Interest Subvention Scheme for the year 2015 -16 for short term crop loans approved by the is upto ______

14. With a view to promote ‘Financial Inclusion’, the Government of In dia has launched the ______

15. Myanmar’s first ever stock exchange recently began operation in ______

16. The pre-2005 banknotes can be/could have been exchanged by the public, at identified bank branches and issue officers of RBI till ______

17. As per RBI guidelines, for the first five years the aggregate non -resident shareholding in the new banks in the private sector will not exceed ______

18. The New Development Bank (NDB) promoted by the BRICS nations has recently signed a multilateral agreement of cooperation with ______

19. Government of India has launched a seven point plan ‘Indradhanush’ to revamp the functioning of –

20. Bonds which have no maturity date are known as ______

21. Which is a ‘Crypto currency’? ______

22. The maximum amount that can be deposited in a ‘Sukanya Samriddhi Scheme’ account in a financial year is ______

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23. The PM Jan Dhan Yojana (PMJDY) aims directly in promoting ______

24. In order to fulfil all banking needs of the start -ups, a ded icated solution ‘SmartUp’ has recently been launched by ______

25. As per RBI guidelines, minors above the age of 10 years can open and operate independently savings bank accounts. They are however not permitted to avail of the facility of ______

26. The ‘’ was set up in 2013 as a public sector b ank with an initial capital of ___

27. Under the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, each customer who opens an account gets a ______

28. Which is the ‘Public Sector Ba nks’ was acquired by Punjab in 1993? ______

29. Ravi Venkatesan, ex-chairman of Microsoft India, has been appointed the non -executive Chairman of __

30. The premium payable under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) is ______per member

31. Which is the Public Sector Bank has its headquarters in ? ______

32. The Reserve (RBI) has recently granted 10 entities in-principle licenses to open small finance banks. Eight of the ten entities are ______

33. What is the full form of FBIL ______

34. The recommendations for setting up of ‘differentiated banks’ like ‘Payment Banks’ and ‘Small Finance Banks’______

35. ‘IDFC Bank’ and ‘’ have recently started operations as ______

36. Name the first Indian which was wholly owned and managed by Indians? ______

37. RBI set up committee on computerization in banks under the chairmanship of ______

38. Which is the product launched by banks working on the princip le of ‘Buy now pay later’? ______

39. Who gives guidelines for ‘Know Your Customer’ norms ? ______

40. The first public sector bank in India which obtained license for Internet banking from RBI is ______

*** ALL THE BEST***

1. IMPS 14. PMJDY scheme 28. 2. 40% 15. Yangon 29. 3. 10 years 16. 30.06.2016 30 . `12 per annum 4. Forex services 17. 49 percent 31. 5. Pahal 18. EXIM Bank 32. Microfinance Institutions 6. Card Skimming 19. Public Sector Bank 33. Financial Benchmarks of 7. Payment Banks 20. Perpetual Bonds India 8. CTS – 2010 Standards 21. Bit coin 34. Dr.Nachiket Mor 9. Shared ATM Networks 22. `1,50,000 35. Small Finance Banks 10. SEBI 23. Financial Inclusion 36. of India 11. Funding needs of the 24. HDFC Bank 37. C. Rangarajan committee entrepreneur 25. Overdraft facility 38. Credit Card 12. `2000 crore 26 . `1000 crore 39. RBI 13. `3 lakhs 27. RuPay Debit Card 40.

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